Mr. David Marcus 70 Ridge View Drive Basking Ridge, NJ 07920
Exhibit 99.(l)
Mr. ▇▇▇▇▇
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November 30, 2009
Evermore Funds Trust
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Re: Seed Capital Subscription Agreement
Ladies and Gentlemen:
I am the Chief Investment Officer of Evermore Global Advisors, LLC, which serves as the investment advisor to the Evermore Funds Trust (the “Trust”). I propose to acquire shares of beneficial interest (the “Shares”) of the Trust for an aggregate price of $100,000, as follows:
|
Fund |
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Class of |
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Number of |
|
Price per Share |
|
Aggregate Price |
|
||
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Evermore Global Value Fund |
|
A |
|
1,666.666 |
|
$ |
10.00 |
|
$ |
16,666.66 |
|
|
Evermore Global Value Fund |
|
C |
|
1,666.667 |
|
$ |
10.00 |
|
$ |
16,666.67 |
|
|
Evermore Global Value Fund |
|
I |
|
1,666.667 |
|
$ |
10.00 |
|
$ |
16,666.67 |
|
|
Evermore European Value Fund |
|
A |
|
1,666.666 |
|
$ |
10.00 |
|
$ |
16,666.66 |
|
|
Evermore European Value Fund |
|
C |
|
1,666.667 |
|
$ |
10.00 |
|
$ |
16,666.67 |
|
|
Evermore European Value Fund |
|
I |
|
1,666.667 |
|
$ |
10.00 |
|
$ |
16,666.67 |
|
I will purchase the Shares in a private offering prior to the effective date of the Form N-1A registration statement filed by the Trust under the Securities Act of 1933 and the Investment Company Act of 1940. I will purchase the Shares for investment purposes and not with the intent of redeeming or reselling. I will purchase the Shares pursuant to Section 14 of the Investment Company Act of 1940 in order to provide the seed capital for the Trust prior to the commencement of the public offering of its Shares.
I consent to the filing of this letter as an exhibit to the Form N-1A registration statement of the Trust.
If you agree to these terms, please acknowledge your agreement and acceptance below.
Sincerely,
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/s/▇▇▇▇▇ ▇▇▇▇▇▇ |
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Agreed and accepted as of November 30, 2009:
Evermore Funds Trust
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/s/ ▇▇▇▇ ▇▇▇▇▇▇ |
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By: ▇▇▇▇ ▇▇▇▇▇▇ |
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Title: Chief Executive Officer |
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